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EBA GL 2020 07 - CT GLs on reporting and disclosure of exposures subject to measures applied in response to the COVID-19 crisis

applied in response to the COVID-19 crisis The following competent authorities* comply or intend to comply with the EBA’s Guidelines on reporting and disclosure of exposures subject to measures applied in response to the COVID-19 crisis: Competent authority...Banking Authority (EBA) of 2 June 2020 on reporting and disclosure of exposures subject to measures applied in response to the COVID-19 crisis (EBA/GL/2020/07) in Belgium. The circular can be found on the NBB website via the following link: https://www.nbb...the disclosure requirements for the new loans subject to the specific public guarantees set up to mitigate the effects of COVID-19 crisis as of the date of this notification. The Czech National Bank confirms the intention not to comply with parts of...EBA GL 2020 07 - CT GLs on reporting and disclosure of exposures subject to measures applied in response to the COVID-19 crisis

Publication date: 05/08/2020 (Last update: 17/08/2020)

EBA 2020 Work Programme - Revised.pdf

THE EBA 2020 WORK PROGRAMME - REVISED 2 Contents LIST OF ABBREVIATIONS 4 Executive summary 6 Covid-19 and its impact on our work plan 6 Introduction 10 The EBA’s mission 14 THE EBA’S STRATEGIC PRIORITIES 15 Defining strategic...weighted-average life THE EBA 2020 WORK PROGRAMME - REVISED 6 EXECUTIVE SUMMARY Covid-19 and its impact on our work plan The outbreak of COVID-19 (Coronavirus) and its global spread since February 2020 has created significant immediate challenges...this challenging juncture as well as long term effects. The EBA has also delivered a preliminary assessment of the impact of COVID-19. In view of the above, the EBA has revised its work programme for 2020. Prioritisation principles for the revision of the

Publication date: 14/08/2020 (Last update: 14/08/2020)

2020.0728_2nd_proof.epub

a consistent manner in Europe. I am confident that the entry into effect (recently postponed by a year because of the current COVID-19 pandemic) and the long transition period for its full implementation will provide enough time for the orderly implementation...supervise banks in normal and exceptional circumstances. The start of 2020 has brought new and important challenges. The ongoing COVID-19 pandemic has tested economic resilience across the world. Fortunately, the European banking sector has been able to proactively...facilitate the interpretation of the methodology, and the publication of the macrofinancial scenario. However, the outbreak of COVID-19 and its global spread since February have created significant immediate challenges for society and risks for the economic outlook

Publication date: 13/08/2020 (Last update: 13/08/2020)

4 - Cost of compliance study - Industry Questionnaire.pdf

with the implementation of recent and upcoming changes to the EBA reporting framework, i.e. versions 2.9, 2.10, 3.0 and the EBA COVID-19 reporting. Notes/Instructions: Please indicate reporting cost in absolute amounts and as a share of various types of total...under Question 1) associated with the implementation of versions 2.9, 2.10 and 3.0 of the EBA reporting framework and the EBA COVID-19 reporting in accordance with the EBA/GL/2020/07. Please provide a more detailed analysis of the reporting cost associated...REPORTING REQUIREMENTS 14 Implementation of reporting framework v2.10 (overall) … of which: in relation to COVID-19 reporting in accordance with the EBA Guideline (i.e. excluding national/SSM-add-ons) Implementation of reporting

Publication date: 22/07/2020 (Last update: 13/08/2020)

EBA_RegTech_Industry_Survey_ICT_Third_party_providers_Areas_of_Focus.pdf

Additional liquidity monitoring metrics (ALMM) Asset encumbrance COREP Own funds COREP Large exposures COREP Leverage ratio COVID-19-reporting (EBA) EBA resolution planning Financial Reporting (FinRep) Funding Plans Liquidity Coverage Ratio (LCR) Net

Publication date: 11/08/2020 (Last update: 11/08/2020)

EBA_RegTech_Industry_Survey_Financial_institutions.pdf

change * * * 18 Slight decrease (less than 25%) Decrease (25-50%) Significant decrease (more than 50%) 4 How has the COVID-19 crisis affected the development/adoption of RegTech solutions? Budget for RegTech has increased, as digitalisation processes...party provider side (e.g. operational problems, workloads related to pandemic situation, etc.) COVID-19 had no effect Other N/A 5 Please explain how the COVID-19 crisis affected the development/adoption of the RegTech solution. 6 When selecting ICT third

Publication date: 11/08/2020 (Last update: 11/08/2020)

EBA_RegTech_Industry_Survey_Financial_institutions_Areas_of_Focus.pdf

Additional liquidity monitoring metrics (ALMM) Asset encumbrance COREP Own funds COREP Large exposures COREP Leverage ratio COVID-19-reporting (EBA) EBA resolution planning Financial Reporting (FinRep) Funding Plans Liquidity Coverage Ratio (LCR) Net

Publication date: 11/08/2020 (Last update: 11/08/2020)

Final report on the draft ITS on supervisory reporting v3.0 - CRR quick fix.pdf

FINAL REPORT ON DRAFT ITS ON SUPERVISORY REPORTING (CRR QUICK FIX IN THE LIGHT OF COVID-19) 1 EBA/ITS/2020/07 11 August 2020 Final report Draft implementing technical standards on supervisory reporting by institutions under Regulation...Regulations (EU) 2019/876 (CRR2) and 2020/873 (CRR quick fix in the light of COVID-19) FINAL REPORT ON DRAFT ITS ON SUPERVISORY REPORTING (CRR QUICK FIX IN THE LIGHT OF COVID-19) 2 Contents 1. Executive summary 3 2. Background and rationale...LIGHT OF COVID-19) 3 1. Executive summary Regulation (EU) 2020/873 of the European Parliament and of the Council of 24 June 2020 amending Regulations (EU) No 575/2013 and (EU) 2019/876 as regards certain adjustments in response to the COVID-19 pandemic

Publication date: 10/08/2020 (Last update: 11/08/2020)

Guidelines on supervisory reporting and disclosures - CRR quick fix.pdf

FIX’ IN RESPONSE TO THE COVID‐19 PANDEMIC 1 EBA/GL/2020/11 11 August 2020 Final report Guidelines on supervisory reporting and disclosure requirements in compliance with the CRR ‘quick fix’ in response to the COVID‐19 pandemic ...THE GUIDELINES ON SUPERVISORY REPORTING AND DISCLOSURE REQUIREMENTS IN COMPLIANCE WITH THE CRR ‘QUICK FIX’ IN RESPONSE TO THE COVID‐19 PANDEMIC 2 Contents 1. Executive summary 3 2. Background and rationale 4 ...THE GUIDELINES ON SUPERVISORY REPORTING AND DISCLOSURE REQUIREMENTS IN COMPLIANCE WITH THE CRR ‘QUICK FIX’ IN RESPONSE TO THE COVID‐19 PANDEMIC 3 1. Executive summary Regulation (EU) 2020/873 of the European Parliament and of the Council of 24 June

Publication date: 10/08/2020 (Last update: 11/08/2020)

Guidelines amending EBAGL201801 to ensure compliance with the CRR “quick fix” due to COVID 1 9 pandemic.pdf

MITIGATING THE IMPACT OF THE INTRODUCTION OF IFRS 9 ON OWN FUNDS TO ENSURE COMPLIANCE WITH THE CRR ‘QUICK FIX’ IN RESPONSE TO THE COVID-19 PANDEMIC EBA/GL/2020/12 11 August 2020 Final report Guidelines amending Guidelines EBA/GL/2018/01...mitigating the impact of the introduction of IFRS 9 on own funds to ensure compliance with the CRR ‘quick fix’ in response to the COVID-19 pandemic FINAL REPORT ON THE GUIDELINES AMENDING GUIDELINES EBA/GL/2018/01 ON UNIFORM DISCLOSURES...MITIGATING THE IMPACT OF THE INTRODUCTION OF IFRS 9 ON OWN FUNDS TO ENSURE COMPLIANCE WITH THE CRR ‘QUICK FIX’ IN RESPONSE TO THE COVID-19 PANDEMIC Contents 1. Executive summary 3 2. Background and rationale 4 Guidelines 8 Annex I —Template

Publication date: 10/08/2020 (Last update: 11/08/2020)

Report on implementation of COVID-19 policies - update section 4

REPORT ON THE IMPLEMENTATION OF SELECTED COVID-19 POLICIES EBA REPORT ON THE IMPLEMENTATION OF SELECTED COVID-19 POLICIES EBA/REP/2020/23 07 AUGUST 2020 REPORT ON THE IMPLEMENTATION OF SELECTED COVID-19 POLICIES Contents Abbreviations...1 Background 25 3.2 COVID-19 operational risk classification schema 26 3.3 Impacts of COVID-19 on institutions’ business continuity 27 3.4 Impacts of COVID-19 on institutions’ ordinary course of business 27 3.5 Impacts of COVID-19 on loss events 27 ...Impacts of COVID-19 on credit risk and potential consequences on operational risk 28 3.7 Impacts of implementing novel legislation in response to COVID-19 29 4. Guidelines on COVID-19 reporting and disclosure: implementation questions 31 4.1 COVID-19 reporting...Report on implementation of COVID-19 policies - update section 4

Publication date: 07/08/2020 (Last update: 07/08/2020)

2020 07 31 PMR -2020 Jose Manuel Campa

Economist Virtual Event: Testing the resilience of the financial sector after Covid-19 Keynote: How can the European banking system return to stability after COVID-19? Not Applicable (N/A) Not Applicable (N/A) 17/07/2020 Meeting Association...supervision Kolja Gabriel, Head of European and International Affairs Current regulatory issues Outlook resulting from COVID19 Not Applicable (N/A) Not Applicable (N/A) 21/07/2020 Speaking at the HLS/PIFS 2020 EU-U.S Virtual Symposium on Building

Publication date: 05/08/2020 (Last update: 05/08/2020)

Formatted COVID-19 reporting templates (v2)

Publication date: 15/07/2020 (Last update: 05/08/2020)

Risk Assessment questionnaire – Spring 2020

compared to previous editions (65 banks in autumn 2019) due to the concomitance of the survey with the outbreak of Coronavirus (Covid-19) in Europe. Results of the survey were received in March and April. The uncertainty prevailing during the period covered...submission of the responses. In particular, some of the respondents prepared their answers at the beginning of the outbreak of Covid-19 in Europe, while others responded at a time when the outbreak was rapidly spreading across Europe. As a result, some banks... and economic developments. The share increased to 80% from about 55% in autumn 2019. The challenges that the outbreak of Covid-19 poses to banks are well reflected in the redefinition of the main areas of concern. In particular, around 80% of the banks

Publication date: 30/07/2020 (Last update: 03/08/2020)

Release note

europa.eu 2 v2.10 Phase 2: 2.10.0 Resolution, SBP, COVID19 and 2.10.1 Funding plans (30/June/2020) Summary and Impact  Modular release v2.10 Phase 2, covering the Resolution, SBP and COVID 19 reporting areas.  Modular release v2.10.1 (a...e7491_e, e7493_e, e7496_e, e7498_e, e09342_e  New framework FINREPCOVID19: o New taxonomy COVID19 with 4 entry points: covid19_con_gaap, covid19_con_ifrs, covid19_ind_gaap, covid19_ind_ifrs Artefacts included  DPM database http://eba.europa...10_Dictionary_2.10.1.0.zip: 2.10.1 dictionary o EBA_CRD_IV_XBRL_2.10_Reporting_Frameworks_2.10.0.1.zip: SBP 2.10 , RES 2.10 and COVID19 2.10 o EBA_CRD_IV_XBRL_2.10_Reporting_Frameworks_2.10.1.0.zip: FP 2.10.1  The illustrated instance documents. Known

Publication date: 03/08/2020 (Last update: 03/08/2020)

End of term of office report of the EBA's Banking Stakeholder Group

European banking sector and given the adverse impact of Brexit in the background. In February 2020, the EBA had to respond to the COVID-19 crisis with exceptional measures that ranged from the relaxation of rules and introduction of guidance to moratoria. With...have been active in producing opinion papers and responding to consultations and the exceptional work stream imposed by the COVID-19 crisis. The report we present now describes the role and functioning of the BSG and summarises the work of the five technical...creation of three additional TWGs, led by the Chair and Vice Chair on bank business models and proportionality, AML/CFT and a COVID-19 recovery; the response to ESAs’ review (separately and jointly with the other stakeholder groups); active production of opinions

Publication date: 06/07/2020 (Last update: 31/07/2020)

EBA Dashboard – Q1 2020

Looking forward, it needs to be seen if NFCs keep on borrowing and if loan demand from households resumes. During Q1 2020, COVID-19 spread throughout Europe. By the end of March, most EU economies were subject to containment measures and generalised lockdowns...over total assets amount to 8.5%, grew sharply (37.5%) in Q1, which is presumably driven by valuation affects. The effects of COVID-19 on asset quality were only partially visible in Q1 2020 as defaults will presumably materialise at a later stage. The non-performing...this indicator due to different portfolio composition and geographical diversification. Individual banks’ estimations of the COVID-19 impact might have played a part in the increasing dispersion, too. The NPL coverage ratio only increased slightly to 46% (45

Publication date: 30/07/2020 (Last update: 30/07/2020)

Thematic note – Leveraged finance

accumulated over the past few years and the inherent risks of leveraged finance led to a sharp fall in this market when the COVID-19 pandemic reached Europe. As the pandemic and the ensuing economic lockdown impair leveraged borrowers’ capacities to repay...EUR 1,356.4bn for US). In the first half of 2020, after a start of the year with substantial activity in primary markets, the COVID-19 outbreak froze leveraged loan issuance. US issuances were EUR 403.9bn while European ones amounted to EUR 66.8bn. ...trend has been accelerated by the recent rating downgrades that some borrowers have suffered due to the economic consequences of COVID-19. 6 Maintenance covenants are clauses that prevent borrowers

Publication date: 30/07/2020 (Last update: 30/07/2020)

EBA-GL Guidelines on payment moratoria_COR_RO.pdf

2020 Ghid referitor la moratoriile legislative și non- legislative aplicate plății împrumuturilor în contextul crizei COVID-19 RAPORT FINAL PRIVIND MORATORIILE DE PLĂȚI 2 1. Obligații de conformare și de raportare Statutul ghidului...prudențial al moratoriilor legislative și non-legislative aplicate plății împrumuturilor introduse ca răspuns la pandemia de COVID-19. Domeniul de aplicare 6. Prezentul ghid se aplică în relație cu aplicarea definiției stării de nerambursare în conformitate...trebuie să se limiteze doar la debitorii care s-au confruntat cu dificultăți financiare înainte de izbucnirea epidemiei de COVID-19. (c) moratoriul are în vedere doar modificări ale graficului plăților, și anume prin suspendarea, amânarea sau reducerea

Publication date: 25/06/2020 (Last update: 30/07/2020)

Final Minutes - BoS conf call 17 June 2020

Dubrovnik was cancelled and instead, the EBA was planning to hold a webinar to discuss operational exit strategies from the Covid-19 crisis and SupTech solutions. The draft agenda BOS CONFERENCE CALL – 17 JUNE 2020 FINAL MINUTES 2 would be circulated...vulnerabilities in the EU 9. The Chairperson introduced the item by referring to measures introduced by the EBA in response to the Covid-19 crisis and a positive feedback from the market in this regard. 10. The Director of EAS provided an update on the development...EBA staff focusing on the impact of COVID-19 on EU banks and on risks arising from leveraged finance. He mentioned that banks built material capital and liquidity buffers that have allowed them to enter the COVID-19 crisis in a better shape than they

Publication date: 24/07/2020 (Last update: 24/07/2020)